Book Profit in Long NIFTY 6200 Call Jan 2011 Expiry @ Rs. 85 - 31 Dec 2010

Book Profit in Long NIFTY 6200 Call Jan 2011 Expiry @ Rs. 85, Buy Call given @ Rs. 49.55 on 28 Dec 2010. Current Market Price on 31 Dec 2010 Rs. 85 at 02:40 PM. 

Book Profit in Short NIFTY 5900 Put Jan 2011 Expiry @ Rs. 25.50 - 31 Dec 2010

Book Profit in Short NIFTY 5900 Put Jan 2011 Expiry @ Rs. 25.50, Short Call given @ Rs. 70.85 on 28 Dec 2010, Stop Loss Rs. 90. Current Market Price on 31 Dec 2010 at 2:18 PM Rs. 25.50.

Stop Loss Triggered in Short NIFTY 6300 Call Jan 2011Expiry @ Rs. 45 - 31 Dec 2010

Stop Loss Triggered in Short NIFTY 6300 Call Jan 2011Expiry @ Rs. 45, Short Call given @ Rs.26.25 on 28 Dec 2010.

Major Support & Resistance of NIFTY Spot - on Jan 2011 Expiry Basis

Major Support & Resistance of NIFTY Spot - on Jan Expiry Basis:-


Resistance:- 6231.78, 6361.71, 6617.03
Support :- 5846.53, 5591.21, 5461.28


Break - Even Point :- 5976.46


Short Term Player as well as Long Term Player can take long position at this level for upside, but Stop Loss for Short term player will be 5976.46 and for long term player it will be 5846.53.


"We should not forget that NIFTY Spot tried to touch the last four month support (from July 10 to Dec 10) which was 5720 suggested in 08 Dec 2010 post but NIFTY touched 5721.15 on 09 Dec 2010 and recovered very smartly to 6100 till now."


"Please Keep in mind what I have said about NIFTY Cycle on 28 Dec 2010"

Trading Support & Resistance of NIFTY Spot - 31 Dec 2010

Trading Support & Resistance of NIFTY Spot - 31 Dec 2010 :- 


Resistance :- 6118.05, 6135.25, 6162.10
Support :- 6074, 6046.15, 6029.95


Break - Even Point :- 6090.20


As I had said on 28 Dec 2010. If NIFTY Spot crosses 6034 - 6050 and sustains at least two days at these levels, then we will see new high in the market. What did happen in last two trading sessions, NIFTY Spot not only crossed these levels but also made the level 6100 and closed at 6101.85 on 30 Dec 2010. 


Now it is sure NIFTY will touch some magical levels in coming months with the volatility of 100 to 125 Points both up and down side. But I am not seeing the NIFTY Spot below 5800. NIFTY will maintain this sensational level and direction will be on upside. I have also doubt that NIFTY will cross 6300 level by Jan 2011 Expiry.  


But, long position can be built at this level for upside with Strict Stop Loss 5885.


"Please keep in mind what I have suggested in NIFTY Cycle on 28 Dec 2010 Post." 

Market Cycle or NIFTY Cycle

There are following Phases of Market Cycle or NIFTY Cycle:-

1. Optimism
2. Excitement
3. Thrill
4. Euphoria
5. Anxiety
6. Denial
7. Fear
8. Desperation
9. Panic
10. Capitulation
11. Despondency
12. Point of Maximum Financial Opportunity
13. Depression
14. Hope
15. Relief
16. Optimism

Above 15 Phases come in sequence order, from 16 phase it is repeated and come in order.
We can easily understand this Cycle form this graphical presentation:-

If we see the 5 years from 27 Dec 2005 to 27 Dec 2010 movement of NIFTY, then its clearly indicates that at which phase we are in present.

NIFTY in different phases under Market Cycle

From the above chart its clearly states that NIFTY is under Thrill phase or between Excitement and Thrill phase. It is sure that we will touch the new high in coming months. But after we should also prepare for next phases.

Current Trading Strategy in NIFTY Spot (Positional Call) - 28 Dec 2010

As I have said in my 24 Dec 2010 post that if NIFTY Spot crosses 6034 - 6050 and sustains at least two days at this level, then we will see new high in the market. Today on 27 Dec 2010 NIFTY Spot touched 6045.75, but finally corrected form that level  and closed at 5998.10. Now from some trading sessions market is in confusion. We are just waiting for up side, but it is not happening. 

If we see the movement of NIFTY Spot from 24 Nov 2010 to 24 Dec 2010, Its clearly shows how much NIFTY Spot has recovered from its low level 5766.50 on 08 Dec 2010 to 6000 till now. There is much stability in recovery mode. its clearly indicates that NIFTY is on Upward movement and will touch new magical level in coming days but we should not ignore the level 5885, crucial level as well as crucial support for NIFTY Spot, If it breaks then market will be in bearish mode again. So be alert regarding this level and go for upside taking these level as stop loss.

NIFTY Spot Movement from 24 Nov 2010 - 24 Dec 2010

So we can take following trading position in NIFTY Spot on Jan Expiry basis:-

Short  ITM Put  + Long OTM Call + Short OTM Call, Means,

Short NIFTY 5900 PUT Jan Expiry @ Rs. 65 - 75, Current Market Price on 27 Dec 2010 Rs. 70.85, Stop Loss Rs. 90 + Long NIFTY 6200 CALL Jan Expiry @ Rs. 41 - 55, Current Market Price on 27 Dec 2010 Rs. 49.55, Stop Loss Rs. 20 + Short NIFTY 6300 CALL Jan Expiry @ Rs. 24 - 30 , Current Market Price on 27 Dec 2010 Rs. 26.25. Stop Loss Rs. 45

    

Marry Christmas to everyone...........................

Marrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrry Christmas to everyone...........................

From NIFTY ANALYSIS

Sorry for Updation............ 27 - Dec - 2010

I am sorry to everyone that i am not getting time to update the blog, because of busy schedule, but i want to say about the market in near term, if NIFTY Spot crosses the 6034 - 6050 and sustains above these levels at least two days, then we will see new high in the market, but after there is a probability of huge downside.don't take any short position in NIFTY. Take long position at downside near 5940 - 5965, with strict stop loss 5900 - 5885. I am not giving any call. I am only suggesting and guiding...

Proud to have a good pageviews of NIFTY ANALYSIS - 21 DEC 2010

Proud to have a good page views of NIFTY ANALYSIS from these countries specially FOR INDIA and UNITED STATES in four months from Sept 2010 to 21 Dec 2010.


I have started this blog on 14 Sept 2010.


Countries and their Page views :-

BOOK PROFIT IN LONG NIFTY 6100 CALL JAN EXPIRY @ RS 105.60 - 115.50 - 21 DEC 2010

BOOK PROFIT IN LONG NIFTY 6100 CALL JAN EXPIRY @ RS 105.60 - 115.50, BUY CALL GIVEN @ RS. 75, STOP LOSS RS. 50 ON 12 DEC 2010. CURRENT MARKET PRICE RS. 105.60 ON  21 DEC 2010 AT 11.51 AM.

BOOK PROFIT IN LONG NIFTY 6000 CALL DEC EXPIRY @ CURRENT MARKET PRICE @ RS. 71.50 - 21 DEC 2010

BOOK PROFIT IN LONG NIFTY 6000 CALL DEC EXPIRY @ CURRENT MARKET PRICE @ RS. 71.50 AND EXIT FROM THE CALL, BUY CALL GIVEN ON 25 NOV 2010 UNDER "BEAR CALL SPREAD".

STOP LOSS TRIGGERED IN BUY NIFTY 5600 PUT JAN EXPIRY @ RS. 40 - 21 DEC 2010

STOP LOSS TRIGGERED IN BUY NIFTY 5600 PUT JAN EXPIRY @ RS. 40, BUY CALL GIVEN @ RS. 60, STOP LOSS RS. 40 ON 12 DEC 2010

STOP LOSS REVISED IN LONG NIFTY 6100 CALL JAN EXPIRY @ RS. 65

STOP LOSS REVISED IN LONG NIFTY 6100 CALL JAN EXPIRY FROM RS. 50 TO RS. 65. SO THE NEW STOP LOSS IS RS. 65/ - BUY CALL GIVEN ON 12 DEC 2010 BUT ACTIVATED FROM 13 DEC 2010

TRADING NIFTY FUTURE JAN EXPIRY RESISTANCE & SUPPORT - 15 DEC 2010

TRADING NIFTY FUTURE JAN EXPIRY RESISTANCE & SUPPORT - 15 DEC 2010:-


RESISTANCE:- 6010.06, 6034.73, 6074.66
SUPPORT:- 5945.46, 5905.53, 5880.86

TRADING NIFTY FUTURE DEC EXPIRY RESISTANCE & SUPPORT - 15 DEC 2010

TRADING NIFTY FUTURE DEC EXPIRY RESISTANCE & SUPPORT - 15 DEC 2010:-


RESISTANCE:- 5984.83, 6009.36, 6048.78
SUPPORT :- 5920.88, 5881.46, 5856.93

TRADING NIFTY SPOT RESISTANCE & SUPPORT - 15 DEC 2010

TRADING NIFTY SPOT RESISTANCE & SUPPORT - 15 DEC 2010:-


RESISTANCE:- 5969.11, 5994.13, 6034.31
SUPPORT:- 5903.91, 5863.73, 5838.71

MOVEMENT OF NIFTY SPOT FROM 08 DEC 2010 TO 14 DEC 2010

IF WE SEE THE MOVEMENT OF NIFTY SPOT FROM 08 DEC 2010 TO 14 DEC 2010. ITS CLEARLY INDICATES THAT MARKET IS RECOVERING VERY SMARTLY AFTER HUGE BLOODY SESSION. "ON 07 DEC 2010 NIFTY SPOT WAS @ 5976.55 & ON 09 DEC 2010 IT WAS @ 5766.50. SO WITH IN THREE DAYS IT BECAME DOWN -210.05 POINTS. ON 14 DEC 2010 IT CLOSED @ 5944.10, MEANS +177.60 RECOVERED WITH IN 3 TRADING SESSION( FROM 10, 13 & 14 DEC 2010) AND +32.45 POINTS ARE REMAINING TO RECOVER."

AS I SAID THAT ON 12 DEC 2010 THAT NIFTY IS IN UNDER HUGE VOLATILITY. I SUGGESTED THAT IF NIFTY SPOT BREAKS 5750 THEN IT CAN GO UP TO 5600, BUT NIFTY SPOT DID NOT BREAK IT AND RECOVERING  VERY SMARTLY. WE SAW NIFTY DID NOT ALSO BREAK THE LAST FOUR MONTHS SUPPORT THAT IS 5720, NIFTY MADE THE LOW OF 5721.10, FROM THIS LEVEL IT RECOVERED SMARTLY . I HAD ALSO SUGGESTED THAT IN CASE NIFTY DOES NOT BREAK 5750, THEN IT CAN GO UP TO 6100 IN COMING DAYS. SO IT IS HAPPENING WHAT I HAD SAID.


ENJOY THIS TREND AND CARRY THE LONG NIFTY 6100 CALL JAN EXPIRY @ RS. 75 WITH STOP LOSS RS. 50, RECOMMENDED ON 12 DEC 2010, CURRENT MARKET PRICE ON 14 DEC 2010 IS RS. 103.90. 


AND, LONG NIFTY 5600 PUT JAN EXPIRY RECOMMENDED @ RS. 60 - 80 (ACCORDING TO RISK LEVEL), STOP LOSS RS. 40 ON 12 DEC 2010.CURRENT MARKET PRICE RS. 56.65 ON 14 DEC 2010. CARRY ALSO THIS POSITION TILL STOP LOSS TO BE ON SAFE SIDE.

STOP LOSS TRIGGERED IN SHORT NIFTY 5700 CALL JAN EXPIRY @ RS. 350 - 14 DEC 2010

STOP LOSS TRIGGERED IN SHORT NIFTY 5700 CALL JAN EXPIRY @ RS. 350 TODAY 14 DEC 2010, SHORT CALL RECOMMENDED @ RS. 287- 300 ON 10 DEC 2010.  

CURRENT TRADING STRATEGY IN NIFTY SPOT @ 5857.35 - 13 DEC 2010

NIFTY 5 DAYS MOVEMENTS FROM 06 DEC 2010 TO 10 DEC 2010

NIFTY 1 MONTH MOVEMENT FROM 10 NOV 2010 TO 10 DEC 2010

If we see the 5 days movement from 06 Dec 2010 to 10 Dec 2010, Its clearly indicates that after too much bloody session market is re-pumping  its blood again and trying to recover from its down side. So it can go up to 6100 from coming days but if we see the one month movement from 10 Nov 2010 to 10 Dec 2010, its clearly indicates market is in under huge bearish mode , if NIFTY breaks 5750, then it can go up to 5600. So we should be very careful on long side with strict stop loss. 

So both the trends shows there is very high level of volatility.

So we can do Long Strangle means,

Buy OTM Call +  Buy OTM Put

Means, Buy NIFTY 6100 Call Jan Expiry @ Rs. 75 to Rs. 85 (According to Risk Level) Current Market Price on 10 Dec 2010 Rs. 80.80, Stop Loss Rs. 50 + Buy NIFTY 5600 Put Jan Expiry @ Rs. 60 to 80 (According to Risk Level) Current Market Price on 10 Dec 2010 Rs. 75.30, Stop Loss Rs. 40.

SHORT NIFTY 5700 CALL JAN EXPIRY - FOR RISKY TRADER - 10 DEC 2010

FOR RISKY TRADERS POSITIONAL SHORT CALL:-


SHORT CALL MEANS,


SHORT NIFTY 5700 CALL JAN EXPIRY @ RS. 287 - 300 (ACCORDING TO RISK LEVEL), STOP LOSS RS. 350, TARGETS RS. 220, 175, 135.

TRADING NIFTY FUTURE DEC EXPIRY RESISTANCE & SUPPORT - 10 DEC 2010

TRADING NIFTY FUTURE DEC EXPIRY RESISTANCE & SUPPORT - 10 DEC 2010:-


RESISTANCE:- 5903, 6014, 6087
SUPPORT:- 5719, 5646, 5535


BREAK - EVEN POINT = 5830

TRADING NIFTY SPOT RESISTANCE & SUPPORT - 10 DEC 2010

TRADING NIFTY SPOT RESISTANCE & SUPPORT - 10 DEC 2010:-


RESISTANCE:- 5881.76, 5997.03, 6066.76
SUPPORT:- 5696.76, 5627.03, 5511.76


BREAK- EVEN POINT = 5812.03

PROFIT/LOSS FROM ARBITRAGING IN NIFTY - 09 DEC 2010

THE CALL WAS:-

"BUY NIFTY FUT DEC EXPIRY 2010 @ 5871 & SHORT NIFTY FUT FEB 2011 EXPIRY @ 5915, STOP LOSS FOR NIFTY FUT DEC EXPIRY 2010 IS @ 5820 AND STOP LOSS FOR NIFTY FUT FEB EXPIRY 2011 IS @ 5955."

STOP LOSS TRIGGERED IN BUY NIFTY FUT DEC EXPIRY 2010

PROFIT BOOKED IN SHORT NIFTY FUT FEB 2011 EXPIRY @ 5851.11

SO,

LOSS FROM BUY NIFTY FUT DEC EXPIRY 2010 = -51 POINTS

PROFIT FROM SHORT NIFTY FUT FEB 2011 EXPIRY = +63.89 POINTS

TOTAL PROFIT/LOSS = +63.89 - 51 = +12.89

OR,

TOTAL PROFIT = 50 * +12.89 POINTS = RS. 644.50 PROFIT PER LOT

PROFIT/LOSS FROM TRADING STRATEGY IN NIFTY - 09 DEC 2010

THE CALL WAS :-

"BUY NIFTY FUT DEC EXPIRY @ 5875 - 5995, STOP LOSS 5820, TARGETS 5976, 6015, 6035 + SHORT NIFTY 5800 PUT DEC EXPIRY @ RS. 67.50 - 75.50, STOP LOSS RS. 90 + SHORT NIFTY 6000 CALL @ RS. 54.05 - 60.10, STOP LOSS RS. 85".

STOP LOSS TRIGGERED IN BUY NIFTY FUT DEC EXPIRY & SHORT NIFTY 5800 PUT DEC EXPIRY

LOSS FROM BUY NIFTY FUT DEC EXPIRY = -55 POINTS

PARTIAL LOSS FROM SHORT NIFTY 5800 PUT DEC EXPIRY = -22.5 POINTS

PROFIT FROM SHORT NIFTY 6000 CALL DEC EXPIRY = +17.05 POINTS

PARTIAL PROFIT FROM SHORT NIFTY 5800 PUT DEC EXPIRY = +45 POINTS

TOTAL PROFIT/LOSS  = -77.5(-55 + -22.5) + 62.05 = -15.45 POINTS

OR,

TOTAL PROFIT/LOSS = 50 * -15.45 POINTS = RS. 772.50 LOSS PER LOT

CAUTION ADVISED............................ 09 DEC 2010

DON'T GO FOR LONG POSITION IN NIFTY FUT, BECAUSE IT IS HIGHLY VOLATILE. YOU ARE REQUESTED TO GO FOR THOSE STOCKS WHICH ARE FUNDAMENTLY GOOD LIKE DELTACORP, VIPIND, FINTEC, RAYMOND, CENTURTTEXT, IBREAL, RELIANCE. THESE STOCKS ARE IN MORE PRESSURE TODAY.


DELTACORP 83.70 (-15.50)
VIPIND 542 (-10.36%)
FINTEC 803(-7.22%)
RAYMOND 340(-7.57%)
CENTURYTEX 401(-4.05%)
IBREAL 127.65(-6.56%)
RELIANCE 984.50 (-3.34%)

LAST FOUR MONTHS MAJOR SUPPORT FOR NIFTY SPOT 5720

LAST FOUR MONTHS MAJOR SUPPORT FOR NIFTY SPOT IS 5720 & TODAY'S ON 09 DEC 2010 NIFTY SPOT LOW AT 14 : 58 PM IS 5747.35. THE NEXT LAST FOUR MONTHS SUPPORT IS 5468.28. 


SO BE VERY CAUTIOUS.............

STOP LOSS TRIGGERED IN BUY NIFTY 6000 CALL DEC EXPIRY @ RS. 35

STOP LOSS TRIGGERED IN BUY NIFTY 6000 CALL DEC EXPIRY @ RS. 35, BUY CALL GIVEN ON 25 NOV 2010 UNDER BEAR CALL SPREAD TRADING STRATEGY.

STOP LOSS TRIGGERED IN BUY NIFTY 6100 CALL DEC EXPIRY @ RS. 20

STOP LOSS TRIGGERED IN BUY NIFTY 6100 CALL DEC EXPIRY @ RS. 20, BUY CALL RECOMMENDED ON 08 DEC 2010 UNDER SYNTHETIC LONG PUT TRADING STRATEGY ON 07 DEC 2010.

BOOK PROFIT IN SHORT NIFTY FUT FEB 2011 EXPIRY @ 5851.15 & SHORT NIFTY 6000 CALL DEC EXPIRY @ RS. 37 - 39

BOOK PROFIT IN SHORT NIFTY FUT FEB 2011 EXPIRY @ 5851.15 & SHORT NIFTY 6000 CALL DEC EXPIRY @ RS. 37 - 39

STOP LOSS TRIGGERED IN BUY NIFTY FUT DEC EXPIRY @ 5820 & SHORT NIFTY 5800 PUT DEC EXPIRY @ RS 90.

STOP LOSS TRIGGERED IN  BUY NIFTY FUT DEC EXPIRY @ 5820 & SHORT NIFTY 5800 PUT DEC EXPIRY @ RS. 90.

BOOK PROFIT IN ARBITRAGING IN NIFTY FUT...............

BOOK PROFIT IN ARBITRAGING POSITION IN NIFTY FUT ACCORDING TO YOUR COMFORTABLE PROFIT ZONE LEVEL.

ARBITRAGING IN NIFTY FUT - 09 DEC 2010

ARBITRAGING IN NIFTY FUT - 09 DEC 2010:-

TAKE ARBITRAGE PROFIT OF + 45 POINTS BY TAKING LONG POSITION IN NIFTY FUT DEC 2010 EXPIRY @ 5871 & SHORT POSITION IN NIFTY FUT FEB 2011 EXPIRY @ 5915, STOP LOSS FOR NIFTY FUT DEC 2010 EXPIRY IS @ 5820 AND STOP LOSS FOR NIFTY FUT FEB 2011 EXPIRY IS @ 5955.

CURRENT TRADING STRATEGY IN NIFTY FUT DEC EXPIRY @ 5888.15 - FOR RISKY TRADERS

CURRENT TRADING STRATEGY IN NIFTY FUT DEC EXPIRY @ 5888.15 - FOR RISKY TRADERS


Buy NIFTY Fut Dec Expiry @ 5875 - 5995, Stop Loss @ 5820, Targets 5976, 6015, 6035 + Short NIFTY 5800 Put Dec Expiry @ Rs. 67.50 - 75 .50, Stop Loss Rs. 90 + Short NIFTY 6000 Call @ Rs. 54.05 - 60.10, Stop Loss Rs. 85.

TRADING NIFTY FUTURE DEC EXPIRY RESISTANCE & SUPPORT - 09 DEC 2010

TRADING NIFTY FUTURE DEC EXPIRY RESISTANCE & SUPPORT - 09 DEC 2010


RESISTANCE :- 5976.11, 6025.93, 6066.86
SUPPORT :- 5885.36, 5844.33, 5794.61

TRADING NIFTY SPOT RESISTANCE & SUPPORT - 09 DEC 2010

TRADING NIFTY SPOT RESISTANCE & SUPPORT - 09 DEC 2010


RESISTANCE:- 5949.60, 5995.5, 6031
SUPPORT:- 5868.20, 5832.70 5786.80

MAJOR NIFTY SPOT RESISTANCE & SUPPORT ON LAST 4 MONTHS BASIS

MAJOR NIFTY SPOT RESISTANCE & SUPPORT ON LAST 4 MONTHS BASIS (FROM SEPT 2010 TO TILL DEC 2010):-


RESISTANCE:- 6227.44, 6483.16, 6734.88
SUPPORT :- 5720.00, 5468.28, 5212.56

MAJOR NIFTY SPOT RESISTANCE & SUPPORT ON DEC EXPIRY BASIS

MAJOR NIFTY SPOT RESISTANCE & SUPPORT ON DEC EXPIRY BASIS


RESISTANCE :- 6075.48, 6174.41, 6279.38
SUPPORT :- 5871.58, 5766.61, 5668.68

Buy NIFTY 6100 Call Dec Expiry Revised - 08 Dec 2010

Buy NIFTY 6100 Call Dec Expiry revised means Buy NIFTY 6100 Call Dec Expiry @ Current Market price Rs. 38 - 41, Stop Loss Rs. 15 - 20. 


And wait for little market recovery and short NIFTY Fut @ recommended level yesterday.

CURRENT TRADING STRATEGY IN NIFTY FUT @ 6020 - 08 DEC 2010

CURRENT TRADING STRATEGY IN NIFTY FUT @ 6020 - 08 DEC 2010

Synthetic Long Put means, 

    Short Future + Buy *OTM Call

*Out Of-The-Money

Means, Short NIFTY Fut Dec Expiry @ 6020 - 6050 with the Stop Loss of 6100, Targets 5950, 5875, 5835 + Buy NIFTY 6100 Call Dec Expiry @ Rs. 53 to 65, Stop Loss Rs. 35 - 40.

NIFTY SPOT ANALYSIS - 08 DEC 2010

NIFTY SPOT ANALYSIS:-


If we see the market on 07 Dec 2010. It shows too much volatile and clearly indicates that the market players have confusion about the direction but see some negative trend.




If we see the trend from 25 Oct 2010 to 06 Dec 2010, Its clearly indicates that market is trying to go up and cross the level of 6070 - 6100 but its not getting success. But when see the trend from 06 Sept 2010 to 06 Dec 2010, Its clearly indicates there is major gap between 5800 - 6050. Last time from 24 Nov 2010 to 26 Nov 2010 NIFTY had broken its major support 5820 and after it recovered from this level and made the high of 6030 on 02 Dec 2010 but became down from that level and made the low of 5939.70 on 07 Dec 2010.


So all over picture indicates that trend is downward with some volatility. So on the basis of above market picture we can take following trading in NIFTY Fut :- 


1. Synthetic Long Put
2. Covered Put (For Risky traders)
3. Bear Call Spread
4. Long Call Butterfly


1. Synthetic Long Put means, 


   Short Future + Buy *OTM Call
*Out Of-The-Money


2. Covered Put (For Risky Traders) means,


    Short Future + Short *OTM Put
*Out Of-The-Money


3. Bear Call Spread means,


Buy OTM Call + Sell ITM Call


4. Long Call Butterfly means,


 Buy 1 ITM Call + Buy 1 OTM Call + Sell 2 ATM Call

NIFTY ANALYSIS PERFORMANCE FROM 23rd SEPT 2010 - 25th NOV 2010

SR. NO	OPEN DATE	TRADING STRATEGIES IN NIFTY	DESCRIPTION	CLOSING DATE	TOTAL PROFIT / LOSS
1.	23, SEPT 2010	COVERED CALL	BUY NIFTY FUT OCT @ 5950 – 6010 + SHORT NIFTY CALL 6300 OCT EXPIRY @ RS. 42.40	13, OCT 2010	RS. 14565 PROFIT PER LOT
2.	23, SEPT 2010	LONG COMBO	BUY NIFTY 6300 CALL OCT EXPIRY @ RS. 43.55 + SHORT NIFTY 5800 PUT OCT EXPIRY @ RS. 96.80	13, OCT 2010	RS. 6097.50 PROFIT PER LOT
3.	11, Oct 2010	SYNTHETIC LONG CALL	BUY NIFTY FUT @ 6130 -6170 OR AT CURRENT LEVEL @ 6159.75 TARGETS 6260 – 6275 STOP LOSS 6107.29 + BUY NIFTY 6100 PUT @ RS. 60 – 70.05	13, OCT 2010	RS. 4177.50 PROFIT PER LOT
4.	11, OCT 2010	BUY NIFTY FUT + SELL OTM PUT	BUY NIFTY FUT @ CURRENT LEVELS OR BUY BETWEEN 6130 – 6170 (ACCORDING TO RISK LEVEL) TARGETS 6260 – 6275 STOP LOSS 6107.29 + SHORT NIFTY 6000 PUT @ RS. 42.70	13, OCT 2010	RS. 6995 PROFIT PER LOT
5.	15, OCT 2010	LONG FUTURE	BUY NIFTY @ 6060 – 6100 (ACCORDIG TO RISK LEVEL) WITH STRICT STOP LOSS 6000 TARGET 6135	18, OCT 2010	RS. 3750 PROFIT PER LOT
6.	21, OCT 2010	COLLAR	BUY NIFTY FUT NOV EXPIRY BETWEEN 6120 – 6170 (ACCORDING TO RISK LEVEL) STOP LOSS 6044 – 6076 (ACCORDING TO RISK LEVEL) TARGETS 6276 – 6305 (ACCORDING TO PROFIT LEVEL) + BUY NIFTY 6100 PUT NOV EXPIRY @ RS. 128.10 + SHORT NIFTY 6400 CALLNOV EXPIRY @ RS. 62.45	29, OCT 2010	RS. 613 PROFIT PER LOT
7.	29, OCT 2010	LONG STRANGLE	BUY NIFTY 6200 CALL @ RS. 61 OR BETWEEN RS. 40 – 60 (ACCORDING TO RISK LEVEL) + BUY NIFTY 5900 PUT @ RS. 77 OR BETWEEN RS. 60 – 80 (ACCORDING TO RISK LEVEL)	08, NOV 2010	RS. 1970 PROFIT PER LOT
8.	08, NOV 2010	SHORT CALL	SHORT NIFTY 6100 CALL @ RS. 253 – 270 (ACCORDING TO RISK LEVEL) STOP LOSS 315	08, NOV 2010	RS. 1150 PROFIT PER LOT
9.	11, NOV 2010	COLLAR	BUY NIFTY NOV FUT @ 6200 – 6230 (ACCORDITN TO RISK LEVEL) TARGETS 6300 – 6330 (ACCORDING TO RISK LEVEL) STOP LOSS 6175 + BUY NIFTY 6100 PUT @ RS. 37.25 + SHORT NIFTY 6400 CALL Rs. 21.10 STOP LOSS RS. 35 – 40 (ACCORDING TO RISK LEVEL)	12, NOV 2010	RS. 675 PROFIT PER LOT
9.	12, NOV 2010	LONG STRANGLE	BUY NIFTY 6200 CALL @ RS. 30 – 40 (ACCORDING TO RISK LEVEL) STOP LOSS RS. 15 + BUY NIFTY 6000 PUT @ RS. 50 – 65 (ACCORDING TO RISK LEVEL) STOP LOSS RS. 30.	23 NOV 2010	RS. 3750 PROFIT PER LOT
10.	15, NOV 2010	LONG PUT	BUY NIFTY 5600 PUT DEC EXPIRY @ RS. 40 – 60 (ACCORDING TO RISK LEVEL, STOP LOSS RS. 15, TARGETS RS. 150 – 200 – 275 - 325	06 DEC 2010	STOP LOSS TRIGGERD
11.	19, NOV 2010	LONG FUTURE	BUY NIFTY FUT DEC EXPIRY @ 5890 – 5920 WITH STRICT STOP LOSS 5820 , STOP LOSS REVEISED TO 5920 ON 22 NOV 2010, TARGETS 6100 - 6150	23 NOV 2010	STOP LOSS TRIGGERD. EXIT AT BREAK- EVEN POINT
12	22, NOV 2010	HEDGE POSITION (LONG PUT) AGAINST LONG FUTURE ON 19 NOV 2010	BUY NIFTY 5800 PUT DEC EXPIRY @ RS. 70 – 90 (ACCORDING TO RISK LEVEL) WITH STOP LOSS RS. 30	25 NOV 2010	RS. 2250 PROFIT PER LOT
13.	24, NOV 2010	COLLAR	BUY NIFTY FUT DEC EXPIRY @ 5950 – 6020 (ACCORDING TO RISK LEVEL), STOP LOSS 5920, TARGETS 6120 – 6150 + CARRY LONG NIFTY 5800 PUT DEC EXPIRY RECOMMENDED ON 22 NOV 2010 + SHORT NIFTY 6200 CALL DEC EXPIRY @ RS. 60 WITH STOP LOSS RS. 90 + SHORT NIFTY 6000 CALL JAN EXPIRY @ RS. 200 – 210 , STOP LOSS RS. 250, TARGETS RS. 100 – 125.	25 NOV 2010	RS. 3450 PROFIT PER LOT
14.	25, NOV 2010	BEAR CALL SPREAD	BUY NIFTY 6000 CALL DEC EXPIRY @ RS. 60 – 75 (ACCORDING TO RISK LEVEL) STOP LOSS RS. 35 + SHORT NIFTY 5400 CALL DEC EXPIRY @ RS. 458 – 480 (ACCORDING TO RISK LEVEL), STOP LOSS RS. 525, TARGETS RS. 410 – 365 – 305 .	RUNNING (Ist TARGET ACHIEVED IN SHORT NIFTY 5400 CALL RS. 410 AND CLOSE & LONG NIFTY 6000 CALL CMP ON 06 DEC 2010 IS RS. 99.85	MARK TO MARKET PROFIT IS RS. 2400 (FROM SHORT NIFTY 5400 CALL) + 1992.50 = RS. 4392.50

Stop Loss Triggered in NIFTY 5600 Put Dec Expiry Today, Buy Call given on 15 Nov 2010

Stop Loss Triggered in NIFTY 5600 Put Dec Expiry @ Rs. 15, Today's Low was Rs. 11.85. Buy Call given @ Rs. 40 - 60 with the Stop Loss of Rs. 15/-, Targets Rs. 150 - 200 - 275 - 325 on 15 Nov 2010.

NIFTY 6000 Call Dec Expiry Rocks Today, Buy Call given on 25 Nov 2010

NIFTY 6000 Call Dec Expiry Rocks Today. Buy Call Recommended on 25 Nov 2010 @ Rs. 60. Today High was Rs. 155/- and closed at Rs. 99.85. You are requested to Book Profit at Rs. 130 to 150 and Exit from the call.

Trading Support & Resistance for NIFTY Fut Dec Expiry - 29 Nov 2010

Trading Support & Resistance for NIFTY Fut Dec Expiry for 29 Nov 2010:-


Support:- 5710.66, 5648.98, 5570.96
Resistance:- 5850.36, 5928.38, 5990.06


Break-even Point:- 5788.68

Trading Support & Resistance for NIFTY Spot - 29 Nov 2010

Trading Support & Resistance for NIFTY Spot for 29 Nov 2010:-


Support :- 5682.03, 5612.11, 5533.88
Resistance:- 5830.18, 5908.41, 5978.33


Break-even Point :- 5760.23

Ist Target Achieved in Short NIFTY 5400 Call Dec Expiry given on 25 Nov 2010

NIFTY 5400 Call Dec Expiry Rocks Today, Short Call Given @ Rs. 458 - 480 (according to Risk Level), Stop Loss Rs. 525, Targets Rs. 410 - 365 - 300 on 25 Nov 2010


Today on 26 Nov 2010 


High was Rs. 474.50
Low was Rs. 375.05 near the IInd Target
Closing Price Rs. 401.50


So the Mark to Market Profit is = 458 - 401.50 = +56.50 Points Per Lot
Or,
Mark to Market Profit = 50 * +56.50 Points = Rs. 2825 Per Lot


So Ist Target achieved which was Rs. 410. Wait for the next Targets or below level in next week. 


The major Support was 5723.23 which I had suggested yesterday and NIFTY broke this support today and made a low level of 5690.35.


So on the basis of Major Support the next Major Support is 5556.31 on NIFTY Spot basis.


The Trading Support was 5751.03 and 5702.31 which i had suggested yesterday and NIFTY broke all these levels and made low of 5690.35.


So the next Trading Support level is 5624.28.


Note:- Be Cautious in any Long Position in NIFTY Fut with Strict Stop Loss. But there is a good Buying opportunity from Stock Point of view. Buy those stocks which have bottom out like as Unitec, Punjloyd, Deltacorp, HDIL, CoreProject, HCC etc. Do not involve your all money in at the present level. Buying relevant quantity. Market will give more buying opportunity at low level.

Trading Support & Resistance for NIFTY Spot - 26 Nov 2010

Support & Resistance of NIFTY Spot on the Basis Trading:-


Support :- 5751.03, 5702.31, 5624.28
Resistance:- 5877.78, 5955.81, 6004.53


Break-even Point :- 5829.06

Major Support & Resistance for NIFTY Spot - 26 Nov 2010

Major Support & Resistance For NIFTY Spot :-


Support :- 5680.96, 5496.18, 5167.41
Resistance:- 6194.91, 6523.28, 6708.06


Break-even Point :- 6009.73

Current Trading Strategy on NIFTY Spot @ 5799.75 - 26 Nov 2010

I had suggested that 5820 was the very important level of NIFTY but NIFTY broke this level today and made a low of 5780.35. So the next Major Support Levels are 5723.23, 5556.31, 5248.68 & Major Resistance are 6197.78, 6505.41, 6672.33.

NIFTY Movement From 19 Nov 2010 to 25 Nov 2010

NIFTY Movement From 22 Oct 2010 to 24 Nov 2010

NIFTY Movement From 24 Sept 2010 to 24 Nov 2010

If we see the above movements of NIFTY for different periods its clearly indicates NIFTY is going to be in Bearish mode or in down trend but with high volatility. 

This week we had so many matters at domestic level like as 2G Spectrum S-candle, Adarsh S-candle, Housing S-candle etc. and international level like Korean matters etc. All these are making pressure in the market and manipulating the index at downwards.

So we need to very take care about these, specially taking any Long side position in NIFTY. If taking any Long Position then a Strict Stop Loss should be follow. Be very cautious regarding Long Positions with Strict Stop Loss.

"Korean Matter will panic in the Global Market in Coming days."

So At this condition we can take following Trading Strategy :-

Strategy is Bear Call Spread means, Buy OTM Call+ Sell ITM Call

Means, Buy NIFTY 6000 Call Dec Expiry @ Rs. 60 - 75 (according to Risk Level) Current Market price is Rs. 73.45 on 25 Nov 2010, Stop Loss Rs. 35 + Short NIFTY 5400 Call Dec Expiry @ Rs. 458 - 480 (according to Risk Level) Current Market Price is Rs. 457.70, Stop Loss Rs. 525, Targets Rs. 410 - 365 - 305.

Note:- Buy NIFTY 6000 Call Dec Expiry is a Hedge Position against Short NIFTY 5400 Call Dec Expiry. So Target has not given in it.